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Commercial Bakery and Distribution Centre! Brisbane Westside! Well established! Potential +++!

$350,000

Brisbane City, Queensland

Commercial Bakery and Distribution Centre! Brisbane Westside! Well established! Potential +++!

An outstanding opportunity has emerged to acquire a solid commercial bakery and distribution centre.

The business is handling Covid-19 very well!

The bakery was created in the Brisbane western suburbs about 20 years ago and has since gained a reputation for the supply of excellent bakery related products, distributed through-out South-east Queensland.

The large purpose built air-conditioned commercial bakery would cost approximately $800k to recreate today.

Current Lease expires in 06/2025. (Options neg)
Gross rent is approx. $5,400 + GST per month. Excellent as a percentage of the sales turnover
Annual Increases are 2.5%
Rental Guarantee is 3 months rent

The premises are in an ideal location to get onto the major roadways quickly
Vehicles in the sale include 3 refrigerated delivery trucks, with reasonable mileage

Customer base consists of cafes, restaurants, caterers, schools, gourmet food stores, health stores etc.

Bakery product range includes gluten free, dairy free, vegan options

The business also distributes well known local bakery products (e.g. Byron Bay Cookies)

Current operating hours are Monday to Friday 7.00am 4.30pm
(Office showroom open 8.30am 2.45pm Mon Fri)
Saturdays 9.00am 12noon
Closed public holidays!

Sales are in the vicinity of $1,200,000 per annum

There is an excellent, loyal, and experienced team of staff in place consisting of:
2 full-time vendors, Head chef and 6 Casual staff

Sellers are prepared to provide a comprehensive handover and induction. Together with personal introductions to the current customer base (if required)

Potential includes, but not limited to:
Expanding and growing the customer base
Merging with an existing distribution business
Expanding product range e.g. pies (currently doing sausage rolls), sandwiches etc.
Open a café / coffee shop at the location (plenty of local businesses requiring a place to
meet)
develop a catering business to service the emerging home delivery market

Return to owner operators is in the vicinity of $140,000 (FY2019)

Finance of up to 50% against the business could be available to approved applicants from a major bank

For more information, please contact

Reg Butler

0438 189 657

reg.b@businessbrokersnetwork.com.au

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Last updated: 16th October 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Brisbane City
State
 Queensland
Price
$350,000
Category
  • Bakery
  • Cafe/Coffee Shop
  • Distributors

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Agency

Business Brokers Network

Business Brokers Network

Contact

Reg Butler